This report was prepared by Rikke Munk Hansen for the department of energy. This report is the result of an advisory mission to the Department of Energy (DoE). There is a general recognition among staff of the Department of Energy (DoE) of the importance of energy statistics for development, implementation and monitoring of energy policies. The establishment of an energy demand database and the provision on energy demand and supply data to the public are part of the Department’s corporate plan.
The report provides a detailed summary of FEA’s performance in accordance with Section 25 of the Electricity Act Cap 180.
FEA recorded a profit after tax of $39.7M in 2015 which turned around the performance of 2014 where it recorded a profit after tax of $0.9M despite the El-nino weather pattern of a prolonged spell of dry weather continuing in 2015. For the first time in FEA’s history the El-nino weather pattern significantly affected FEA’s operations for two consecutive years. The profit recorded by FEA in 2015 was attributed mainly due to: